[Form 4] Superior Group of Companies, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Southern States Bancshares, Inc. (SSBK) has filed Post-Effective Amendment No. 1 to two Form S-3 shelf registration statements solely to deregister unsold securities following its merger into FB Financial Corporation (FBK) on 2 July 2025.

The two affected shelves originally covered (1) up to $150 million of mixed securities and (2) 250,000 common shares for the Dividend Reinvestment and Common Stock Purchase Plan. Because SSBK ceased to exist as a separate issuer at closing, all previously registered but unissued or unsold securities are being removed from registration in accordance with the undertaking contained in each S-3.

Key details

• Merger completion: SSBK merged with and into FBK on 2 July 2025 under the 31 March 2025 merger agreement, with FBK as the surviving corporation.
• Filing type: POS AM (post-effective amendment) under the Securities Act section for deregistration; no new securities are being offered.
• Capital structure impact: The action eliminates the ability to issue the remaining shelf amounts, thereby preventing further dilution under the former SSBK ticker.
• Registrant status: Marked as an accelerated filer, smaller reporting company, and emerging growth company prior to the merger.
• Signatory: -s- Michael M. Mettee, Chief Financial Officer of FB Financial Corporation, acting as successor-in-interest.

The amendment is an administrative step confirming that SSBK’s standalone capital-raising authority has ended and that all disclosure obligations tied to the two shelves are satisfied through deregistration.

Insights

M&A Specialist

TL;DR – Merger consummation confirmed; deregistration is a routine post-closing housekeeping step with negligible standalone valuation impact.

This filing formally removes SSBK’s unused $150 million universal shelf and 250 k-share DRIP plan because the company no longer exists post-merger with FBK. Investors had already priced in the transaction at announcement; today’s document merely cleans up the SEC record. By preventing any residual issuance under the defunct shelves, it removes theoretical dilution but also cancels a capital-raising option that has become moot. Overall, it is a neutral-to-slightly-positive administrative action that closes out merger mechanics without altering FBK’s capital structure or earnings trajectory.

Securities Analyst

TL;DR – Filing is procedural; does not change FBK’s forward fundamentals.

No financial results or forecasts are provided. The key takeaway is confirmation that SSBK’s merger into FBK is effective and that no additional SSBK securities can be issued. Investors should focus on FBK’s forthcoming combined financial statements for any performance insights. The deregistration does not affect FBK’s existing shelf capacity or capital ratios and thus carries neutral impact on valuation.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mellini Paul V

(Last) (First) (Middle)

SUPERIOR GROUP OF COMPANIES, INC.

200 CENTRAL AVENUE, SUITE 2000

(Street)

ST. PETERSBURG FL 33701

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SUPERIOR GROUP OF COMPANIES, INC. [ SGC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2025		A		9,310(1)	A	(2)	108,412(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This is a restricted stock award which vests on the third anniversary of the grant or 07/01/2028.

2. On July 1, 2025, the date such restricted stock award was granted, the closing price of the issuer's common stock on the NASDAQ was $10.74 per share.

3. Certain of these shares were granted under restricted stock awards and are subject to forfeiture. Of such shares, 28,277 continue to be subject to forfeiture as of the date of this filing.

	/s/ Melinda Barreiro	07/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What happened to Southern States Bancshares (SSBK) after the July 2025 filing?

SSBK merged into FB Financial Corporation on 2 July 2025 and ceased to exist as a separate entity.

How many securities were deregistered in the POS AM?

Up to $150 million of mixed securities and 250,000 common shares under the DRIP plan were removed from registration.

Does the deregistration affect FB Financial’s current shelf capacity?

No. The filing only cancels SSBK’s unused shelves; FB Financial’s own registration statements remain unaffected.

Is any new capital being raised in this filing?

No. The POS AM is purely administrative and registers no new securities.

Why is no signature from other officers required?

Under Rule 478, only one authorized signatory is needed for post-effective amendments of this nature.